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SA is extending Sanjeev Gupta a $10m concessional loan to put a...

  1. Ashentegra
    2,299 Posts.
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    16/03/18
    10:25
    Post #: 31799674
    SA  is extending Sanjeev Gupta a $10m concessional loan to put a big battery on his solar plant.

    http://reneweconomy.com.au/gupta-gets-10-million-sa-loan-to-trump-teslas-big-battery-92317/

    I am convinced the best and highest use of batteries is on wind and run-of-river hydro.  The value-add is considerably more, exchanging near-nil midnight generation for peak pricing times.  Solar output (very, very roughly) corresponds to daytime demand.  

    Ash
    IFN Price at posting: 59.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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